Auto Industry
Reuters
Aug 29, 2022, 7:52 PM
Firefighters on Tuesday finally overcame what officials described as the worst fire in Cuba's history that over five days destroyed 40% of the Caribbean island's main fuel storage facility and caused massive blackouts.
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Reuters | Aug 29, 2022Oil Drops On Druzhba Pipeline News And U.S. Inflation ExpectationsOil prices edged lower on expectations that Druzhba pipeline flows will resume shortly and demand concerns ahead of publication of key demand indicators.1 min read
Reuters | Aug 29, 2022Biden To Sign Bill To Boost U.S. Chips, Compete With ChinaPresident Joe Biden will sign a bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.2 mins read
Reuters | Aug 29, 2022Third Oil Storage Tank Collapses In Cuba Terminal Following Fire, Spill -GovernorA third crude tank caught fire and collapsed at Cuba's main oil terminal in Matanzas, its governor said on Monday, as an oil spill spread flames from a second tank that caught fire two days earlier in the island's biggest oil industry accident in decades.2 mins read
Reuters | Aug 29, 2022Chennai Petroleum Cuts Crude Runs By 25% At Southern India RefineryIndia's Chennai Petroleum Corp said it had cut crude processing by a quarter at its 201,000 barrels per day Manali refinery in southern India, following an order by the Tamil Nadu state pollution control board.1 min read- Reuters | Aug 29, 2022Oil Slips Amid Chance Of Iran Nuclear Deal Supply BoostOil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.2 mins read
Reuters | Aug 29, 2022China Drafts Rules On Use Of Self-Driving vehicles For Public TransportChina should adopt autonomous vehicles in passenger transport with care, the country's Ministry of Transportation said in drafted rules to regulate the self-driving industry.1 min read
Reuters | Aug 29, 2022Baidu CEO Says EV Arm's Autonomous Driving Tech Will Be Ahead Of TeslaBaidu's electric vehicle (EV) firm Jidu Auto will be one-generation ahead of Tesla in terms of autonomous driving technologies, Baidu chief executive Robin Li said in a statement.1 min read- Reuters | Aug 29, 2022Chip And Carmaker CEOs Meet Ahead Of Biden SigningOn Tuesday, President Joe Biden will sign legislation to subsidize the U.S. semiconductor industry and boost efforts to make the United States more competitive with China.1 min read
